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Re:OpenAI Rival Stable Diffusion Maker Seeks to Raise Funds ... by metadat on Friday March 03, 2023 @08:49PM (#35017320)
JS-free archive link:

https://archive.ph/t5nHa

Stability.ai @ $4bn USD is a little more than HuggingFace's raise @ $2bn USD last year in May 2022, but 2x is still in the same ballpark. HuggingFace has a huge an unquestionable public presence, though.

Like others in this thread, I am curious to learn how they're going to ever generate the investment money and a profit. Would be interesting to see the investor pitch deck they used.

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